LONG TERM UPTREND
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The feared assumptions of a new collapse of global markets (come up at the end of September and the end of October) seem not to have occurred, indeed the new projections on the S&P 500 are absolutely positive.
It is possible that prices continue towards the $3960 level using the $3600 threshold as the next support in times of increased volatility and liquidation of buy positions.
Only any break of the main black trendline or even the $3230 threshold could change the long-term forecast.
The feared assumptions of a new collapse of global markets (come up at the end of September and the end of October) seem not to have occurred, indeed the new projections on the S&P 500 are absolutely positive.
It is possible that prices continue towards the $3960 level using the $3600 threshold as the next support in times of increased volatility and liquidation of buy positions.
Only any break of the main black trendline or even the $3230 threshold could change the long-term forecast.
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